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During this period the one thing I wanted more than anything else, was a large fat epic list of all of the possible passive income flows there were.
Unfortunately no one has even till this afternoon made an entire list. So I spent the last week getting wealthy on strong Ethiopian espresso and compiling every different income flow from my head, my notes and the net interwebs!
PS if you want to cut to the chase you can get access to 3 of my preferred passive income ideas here or you can check out 30 of my favorite real life passive income businesses here.
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Ie first you need to haul ass and do something crazy, eg compose a quality 20,000 word ebook (insanely not passive hahahah), but then you have to sit back and enjoy seeing PayPal sale messages pop up on your own iPhone every morning as sale after sale after sale is madeon an ongoing basis and without any additional work.
Because you can see passive income flows simply come from assets, and resources are either bought with money (eg rental property) or even in the event of almost all of the ideas under, purchased through sweat (eg ebook)!
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The much adored model for bloggers and content creators everywhere and for a good reasonits pretty simple to compose a 60-80 page ebook, not difficult to market say $500 value a month through online networking, guest posting and your own SEO optimized blog, and well you get to maintain a large whack of the pie after paying affiliates. Hells yeah! Continue reading >.
Who doesnt like some down and dirty affiliate commissions! Particularly if you understand it can be even simpler to earn money this way than with an ebook. In the end, you merely need to concentrate on pumping out some content for your own site and getting the visitors in, often via Google or social media. Unsurprisingly, most people can enjoy their first affiliate sale within 30 days of starting a blog. Continue reading .
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If you told me a few years ago that this might end up being my #1 source of passive income, I'd have slapped you silly and important link called the men in white jackets to come take you away! And because back then selling products online was insanely complex and time consuming. Pretty much as non-passive as a business receives. .
But now thanks to Amazon, this is not only easy, but it can be particularly rewarding as Ive found out. Continue reading >
Investing is arguably the simplest way to make passive income. The issue is most investments sound good in theory however dont work out so well in practice. And informative post if you dont have much experience or access to capital, let alone the opportunity to work it all out, it can seem more or less hopeless. But, there's one smart way to invest that just may work. Continue reading .
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Were talking a members-only multimedia-driven website here. And before I even dive into this thought with you, I have to say straight up this is a looooot of job. Ive done it and it nearly killed me. Continue reading >
I love this idea and Ive seen some fantastic operators online pull it off superbly. But I must confess Ive never personally earned passive income by a setup similar Visit Website to this before.
Ill be putting something together soon though as a working case study. But in the meantime, I really want to discuss this idea with you since it's rather fascinating. Continue reading >
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Im not talking about writing a blog on cats and inserting some Google Adsense upward in there. Continue reading >
Think easy Google-friendly content website with a high converting inquiry type for capturing details (possibly even a free report attached to this or something else to boost conversion). Continue reading >
Build and SEO optimize a web site for people looking to convert 8mm home movies to DVD / USB. Continue reading >
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Haha, nah apps arent that expensive to get made anymore. And if you want to create a mainly info-based program there are plenty of easy to use apps online for DIYing this for a few hundred dollars. Continue reading >
Ive read so many blow-by-blow financial accounts of these businesses and in no way can they include up to profit, apart from the exceptional few business operators who are tricky at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance. Continue reading >